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Average US price of gas down 6 cents per gallon to $2.74

1 year 1 month 2 weeks ago Monday, August 12 2019 Aug 12, 2019 August 12, 2019 4:42 AM August 12, 2019 in News
Source: Associated Press

CAMARILLO, Calif. (AP) - The average U.S. price of regular-grade gasoline has dropped 6 cents per gallon over the past two weeks to $2.74.

Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that increased refinery production and lower crude oil costs contributed to the decrease at the pump. The price is 18 cents lower than what it was a year ago.

The highest average price in the nation is $3.63 a gallon in the San Francisco Bay Area. The lowest average is $2.16 in Baton Rouge, Louisiana. The average price of diesel is down 2 cents, to $3.03 per gallon.

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